MWA makes first double IFA deal following ThinCats backing

The IFA has acquired Sterling Financial Consultants and FAC

Isabel Baxter
clock • 2 min read

IFA business MWA Financial has acquired London-based Sterling Financial Consultants and Cornwall-based The Financial Advice Centre (FAC).

These are the first deals to be completed by London-based MWA since it secured backing for its national expansion plans from alternative finance provider ThinCats in March. ThinCats' MWA funding injected an initial £8.5m into the business with a longer-term commitment of £15m. The transactions completed earlier this week and brings the number of acquisitions by MWA in the last two years to five. Its assets under advice now stand at £450m and its adviser headcount has reached more than 20. As part of the deal, Denise Wilkinson has joined MWA from Sterling Financial Consultants as a ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Clifton Wealth Partnership acquires two South Wales IFAs

Clifton Wealth Partnership acquires two South Wales IFAs

Banyard Independent Advice Services and Wilcox Financial Planning add £68m AUM

Sophia Panayi
clock 03 August 2026 • 2 min read
Five Wealth appoints co-founder Steve Jordan as CEO

Five Wealth appoints co-founder Steve Jordan as CEO

Follows co-founder and chair Phill Dewhurt’s retirement

Sophia Panayi
clock 03 August 2026 • 2 min read
Fintel CEO: Sector must come together to solve data 'problems'

Fintel CEO: Sector must come together to solve data 'problems'

Consumer Duty compliance data gaps

Sophia Panayi
clock 30 July 2026 • 3 min read